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- International Monetary Fund (IMF) Managing Director Christine Lagarde: the IMF is likely to cut its global growth forecasts due to a slowdown in emerging economies
International Monetary Fund (IMF) Managing Director Christine Lagarde: the IMF is likely to cut its global growth forecasts due to a slowdown in emerging economies
International Monetary Fund (IMF) Managing Director Christine Lagarde in an interview with Les Echos that the IMF is likely to cut its global growth forecasts due to a slowdown in emerging economies.
"We are in a recovery process whose pace is decelerating. There is a shift between emerging countries and developed countries," she said.
Lagarde pointed out that forecasts of 3.3% growth this year and 3.8% next year are no longer realistic. She expect the global economic growth to be above the 3% threshold.
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